Encore Capital Group (NASDAQ:ECPG) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of Encore Capital Group Inc (NASDAQ:ECPG) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $68.75 and traded as high as $90.74. Encore Capital Group shares last traded at $90.62, with a volume of 660,223 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ECPG shares. Weiss Ratings lowered shares of Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Citigroup reissued a “market outperform” rating on shares of Encore Capital Group in a report on Wednesday, June 17th. Citizens Jmp raised their price objective on shares of Encore Capital Group from $108.00 to $115.00 and gave the company a “market outperform” rating in a research report on Wednesday, June 17th. Zacks Research raised shares of Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Finally, Truist Financial upped their target price on shares of Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $88.00.

Encore Capital Group Price Performance

The stock has a market capitalization of $1.94 billion, a PE ratio of 7.03 and a beta of 1.30. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.90 and a quick ratio of 0.90. The firm’s 50 day simple moving average is $82.14 and its 200 day simple moving average is $68.75.

Encore Capital Group (NASDAQ:ECPG) last announced its quarterly earnings data on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84. Encore Capital Group had a net margin of 16.00% and a return on equity of 30.70%. The company had revenue of $475.41 million during the quarter, compared to analysts’ expectations of $446.26 million. During the same quarter in the prior year, the company earned $1.93 EPS. The firm’s revenue was up 21.0% on a year-over-year basis. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. As a group, equities analysts forecast that Encore Capital Group Inc will post 13.01 EPS for the current fiscal year.

Insiders Place Their Bets

In other Encore Capital Group news, insider John Yung sold 2,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total transaction of $164,160.00. Following the completion of the sale, the insider directly owned 64,570 shares in the company, valued at $5,299,905.60. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ECPG. IFP Advisors Inc boosted its holdings in Encore Capital Group by 1,729.6% during the 4th quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock valued at $27,000 after acquiring an additional 467 shares during the period. EverSource Wealth Advisors LLC grew its position in Encore Capital Group by 185.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after acquiring an additional 466 shares during the last quarter. Allworth Financial LP increased its stake in Encore Capital Group by 29.1% in the 4th quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after purchasing an additional 257 shares during the period. Tower Research Capital LLC TRC increased its stake in Encore Capital Group by 168.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock worth $105,000 after purchasing an additional 1,706 shares during the period. Finally, Virtus Advisers LLC bought a new stake in Encore Capital Group in the third quarter valued at approximately $143,000.

About Encore Capital Group

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.